Global Apparel Industry, Clothing Industry Resources, Apparel Business Information

The insolvency administrator of ESCADA AG signed a sale and transfer agreement with one of the Mittal Family Trusts (“the Trust”), sold to Megha Mittal.

With the execution of the agreement all key assets of ESCADA AG's operative business as well as shares in ESCADA AG's subsidiaries will be transferred to the Trust. Excluded thereof are any subsidiaries, which serve as guarantor for the ESCADA bond. The preliminary creditors' committee has approved the transaction.

The transaction provides for a transfer of ESCADA AG's business operations, including employees as well as worldwide brand rights, production facilities and the sales and distribution structure to the Trust. The Board of Management and the new investor have agreed to cooperate on the basis of the business strategy launched in mid-2008 securing continuity of the operative business. The transaction is subject to customary antitrust approvals.

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This holiday seasonGap is bringing the new babyGap and GapKids Holiday collection designed by Stella McCartney to Los Angeles's fashion-savvy kids with a pop-up store on the famed Robertson Boulevard. The exclusive Stella McCartney for GapKids Pop-Up Store opens its doors through Saturday, Nov. 28.

"We love Stella McCartney's style and brand, as a mother, she understands what children want to wear," said Pam Wallack, president of babyGap, GapKids, and GapMaternity. " Mixing Stell's unique style with the playfulness and versatility of babyGap and GapKids signature designs resulted in an exceptionally fun collection for the holiday season. We couldn't think of a better place to host the only stand-alone shop for the collection than in L.A. where style makers and trendsetters make their mark as a very young age."

Opening today, the Stella McCartney for GapKids Pop-Up Store, situated across from renowned The Ivy, will feature the new Stella McCartney for GapKids collection, designed for girls and boys from newborns and on up to 12-year-olds. The collection features Stella McCartney's signature touches, including a soft color palette, familiar silhouettes and her unique mix of unexpected pieces. The result – looks that stay true to Stella's unique vision, reinterpreted with GapKids' playful, child-like charm, keeping fun and practicality at the forefront of the design intent.

For girls, key pieces include an intarsia leopard print sweater dress, velvet blazer, tulle tutu and cashmere hoodie that are sure to delight little girls the world over. The boy's collection is fun and functional, featuring a mix of monster and superhero graphics and classic pieces like a navy wool peacoat and quilted chambray jacket. For the littlest ones, the collection features organic cotton and cashmere/silk mix styles in simple, indispensible shapes for babyGap.

The launch was celebrated with a kid-friendly event, complete with face painting, balloon animals and more, hosted by Liv Tyler at the Pop-Up store.

Details about the Stella McCartney for GapKids Pop-Up Store:

When: Thursday, November 5, 2009 – Saturday, November 28, 2009.
Monday – Saturday: 10:30 a.m. – 7:00 p.m. and Sunday 11:00 a.m. – 6:00 p.m.
Where: 108 N Robertson Blvd. Los Angeles, CA 90048

Stella McCartney launched her own fashion house under her name in 2001 in a joint venture with Gucci Group. A lifelong vegetarian, Stella McCartney does not use any leather or fur in her designs. The brand's luxury women's ready-to-wear, shoes, bags, fragrances, eyewear, accessories, CARE skin care range and performance range with Adidas is available through 16 flagship stores including London, NY, Los Angeles, Shanghai, Tokyo, Beijing, Hong Kong and Paris as well around 600 wholesale accounts in key cities worldwide.

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At 8:30 pm of Nov. 2nd, 2009, global fashion circles' attention will be focused on the Golden Hall of Beijing Hotel, where NE.TIGER, China's leading luxury brand, will raise the curtain on China Fashion Week for the eighth successive year as the opening show.

As the vein of Chinese fashion trend, China Fashion Week draws most of the attention of global fashion circles. China Fashion Week has gone through a brilliant journey of 12 years, and the thirteenth China Fashion Week, suffused with the creativity of Chinese and foreign designers alike, will welcome fashion elites with its broad scope, presenting the new fashion design concepts and trends of both ancient and modern Beijing.

NE.TIGER will display its innovative skills in this Hua Fu Collection Fashion Show. This collection, in line with the philosophy of blending the ancient and modern, Chinese and Western, and after the style of the Yun Brocade entitled, "An inch of brocade, an inch of gold," and the extremely delicate Four Main Embroideries, was inspired by Kesi, the Chinese patron saint of weaving.

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The most desirable things in life have a precious, enduring beauty that should be treasured forever. Discover the timeless allure of Vintage by Kate Moss, the stunning new fragrance from the world's most famous supermodel, available from September 2009.

Style icon and vintage connoisseur Kate Moss has filled every facet of her life with cherished vintage pieces. With a passion for fashion, the arts and antiquities, she is drawn to objects with an individual style and charm that transcends generations. Kate's modern interpretation of these vintage classics reinvigorates them, giving them a truly contemporary appeal.

Stylish, sophisticated and deeply feminine, Vintage, a fruity floriental fragrance, is a unique expression of Kate's love of vintage clothes and objects d'art. Just like Kate, the most striking vintage objects have a unique spirit and beauty that cannot be imitated. Just like Kate, Vintage has an enduring style and elegance that is destined to captivate men and women alike.

Kate Moss comments, "I am fascinated by vintage pieces because they not only have a remarkable beauty but also an innate sense of history - I love the fact that each object has its own story to tell. And yet vintage items can be reinvented with a modern twist to make them very fresh and relevant today. That's why vintage looks have inspired my personal style, my work as a fashion designer and, now, my fragrance."

Rich in sophistication and luxury, Vintage is an exciting blend of fruity and floriental notes. The fragrance opens with illuminating pink pepper, white freesia and invigorating mandarin for an initial burst of spicy freshness. At its heart, smooth heliotrope unites with jasmine and almond flower to deliver a lush floral bouquet with a timeless appeal. Warm base notes of tonka bean, vanilla and skin musks add a depth and refinement whilst also creating a modern feel. The overall experience is soft, fresh and sensual with more than a hint of Kate's iconic individual style.

Vintage's undeniable elegance is reflected in the delicate, ultra-feminine bottle that was inspired by the vintage perfumes of the 1920s and 30s. The flacon is finely faceted on the front and sides and on the striking glass-like cap, creating an enchanting jewel-like effect. This is enhanced by the exquisite rose-gold collar around the neck of the bottle, decorated with vintage inspired filigrees. The front of the fragrance is adorned by the Vintage name and Kate Moss's distinctive signature in a classic vintage rose gold.

For the ultimate in boudoir style, the glass is tinted a smoky topaz and jade colour, creating a look that's pure vintage. The fragrance comes beautifully packaged in a folding box that exudes old-time glamour. The box echoes the bottle design with its timeless rose-gold filigree pattern, which is printed on metallic paper for an extra luxurious feel.

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Savannah College of Art and Design President Paula Wallace was presented with the Fashion Group International 2009 Sustainability Award on behalf of the university at FGI's star-studded 26th Annual Night of Stars Gala Thursday, Oct. 22, in New York City.

The Sustainability Award is in recognition of SCAD's position as a leader in sustainable practices, urban renewal and the adaptive reuse of historic properties. Vogue Editor-at-Large Andre Leon Talley, recipient of and namesake to SCAD's annual Andre Leon Talley Lifetime Achievement Award, presented the Sustainability Award to Wallace.

In his introduction, Talley praised Wallace for leading the conservancy of more than 100 historic buildings around the world, turning "this incredible university called SCAD a wonderland of recycled buildings."

In accepting the award for the university, Wallace thanked FGI for recognizing SCAD's commitment to sustainability. "We at SCAD believe there's really no difference between sustainable design and good design. It's the same thing. It's smart. It's compassionate. It's relevant. It's exalting. And it starts with young artists and designers like those at SCAD who are learning that responsible design isn't only about renewable materials. It's about renewing ourselves."

Wallace was escorted down the red carpet by Golden Globe nominee Emmy Rossum ("The Phantom of the Opera"). Rossum will be honored at the Savannah Film Festival, which is sponsored by SCAD, Nov. 2 with the Young Hollywood Award prior to the screening of her film, "Dare." Joining Wallace and Rossum at the FGI table were Talley, fashion designer Angel Sanchez and interior designer Miles Redd, among others.

This is only the second Sustainability Award ever presented by FGI. "The Savannah College of Art and Design is a remarkable institution with a sense of vision and a commitment to environmentally conscious design on so many levels," said Margaret Hayes, president of Fashion Group International. "This year's Night of Stars Sustainability Award honors their efforts in the development of a green campus, the redesign of many of their buildings and in making sustainability a part of their curriculum. We are pleased and proud to recognize SCAD with an award they so richly deserve."


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